This company is pulling off the greatest con job I have seen in...

This company is pulling off the greatest con job I have seen in the last five years on unsuspecting investors in oil and gas stocks.

It has broken more promises of imminent production and cash flow than I have pulled corks from winer bottles and that is really saying something.
Yesterday's presentation has yet another delay to production and cash flow that was promised at $10 million a year back in April 2006.

In 2006 they had just $659,000 in sales compared to $4,273,000 on admin alone (salaries, Directors fees staff costs travel etc)

Email me if you would like the Oil & Gas Weekly file on this very ordinary performance. You might learn something by examining the facts.

One could start by asking the company what did they get for the $10 million spent on 30% of Jefferson McLeod in East Texas back in 2005. They say they haven't done anything there because of the difficulty of getting equipment and crews. Booolsheet.

what a load of bollocks this company expects the market to swallow.